Tag: principal foregivness

 

Fannie Mae and Freddie Mac report they will forgive principal for some homeowners. Will you be eligible?

Tens of thousands of homeowners may soon have their mortgage balances cut and even payments reworked according to a report by the Wall Street Journal and other sources. The aid comes under a plan that has recently been approved by Federal Housing Finance Agency, the regulator and overseer of mortgage-finance entities Fannie Mae and Freddie […]